401(k) limits to change for 2018

401k Contribution

A 401(k) is a good way to save for retirement because your money grows tax-free. The government will raise the contribution limit to $18,500 from $18,000 in 2018. Those age 50 and older can save even more by making what’s called a “catch-up” contribution. The catch-up contribution is limited to $6,000 a year, for a total […]

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Track My Refund

Proud achievement of the Day! Added (For Personal Tax Returns – 1040) Track Federal Refund & Track Federal Amended Return Refund on the website!

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IRS Scams 2

Scam Alert

Reminder: It is IRS Tax Scam Season Too   Imagine you receive a call from an IRS agent who says you owe back taxes and threatens to arrest you if you don’t immediately make a payment over the phone. Thousands of Americans faced this situation in 2016, though the people on the other end of […]

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401k and Retirement Plan Limits for the Tax Year 2017

401k and Retirement Plan Limits for the Tax Year 2017 On October 27, 2016, the Internal Revenue Service announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2017. Highlights of Limitations That Remain Unchanged From 2016 The contribution limit for employees who participate in 401k, 403(b), […]

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IRS Scams

This might not be a normal post for this blog but its important to let my clients know that IRS scams are happening. Recently one of my clients was called and was threatened with arrest and property seizure by someone claiming to be an IRS agent. His/Her presence of mind led to the right actions. We did […]

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